Line of Credit (LOC): Things You Need to Know
A business line of credit (LOC) is a revolving loan that gives you access to a fixed amount of funds.
Read more

Invoice discounting enables you to take out a loan using unpaid invoices as collateral.
The loan amount typically ranges between 80% to 95% of the value of the invoices, which you will pay back (with interest) once you receive payment from your customers.
In this example, you will be given $10,000 x 80% = $8,000 of cash. After you have collected on the invoices, you will pay back $8,000 plus the agreed fee to the lender.
Grow your business with Choco Up

A business line of credit (LOC) is a revolving loan that gives you access to a fixed amount of funds.

Align your investments with your values. Explore Shariah-compliant investing in Malaysia. Discover halal investment options, funds, Sukuk, and Takaful.